Labelbox, founded in 2018, is a San Francisco-based company specializing in data labeling and management for machine learning applications. Their platform offers tools for annotating data, managing labeling workflows, and integrating with machine learning models, enabling organizations to efficiently create high-quality training datasets. This facilitates the development of accurate AI models across various industries, including healthcare, automotive, and retail.
The company has attracted significant investment from leading venture capital firms. In January 2022, Labelbox secured $110 million in a Series D funding round led by SoftBank Vision Fund 2, with participation from B Capital Group, Andreessen Horowitz, and Databricks Ventures. This brought their total funding to approximately $189 million.
Labelbox’s uniqueness lies in its comprehensive approach to data labeling, combining a user-friendly interface with advanced automation features. Their platform supports various data types, including images, text, and video, and offers AI-assisted labeling to accelerate the annotation process. This addresses critical challenges in machine learning development, such as the time-consuming and labor-intensive nature of data labeling, by streamlining workflows and ensuring data quality.
Within the realm of artificial intelligence, Labelbox operates in the category of Data Annotation and Management. Their technology focuses on facilitating the creation and organization of labeled datasets, which are essential for training and validating machine learning models. By providing tools that enhance the efficiency and accuracy of data labeling, Labelbox plays a crucial role in the AI development lifecycle.
Labelbox is based in San Francisco, California, USA. Specializing in the AI industry, Labelbox pioneers innovative solutions and advancements in artificial intelligence. Labelbox, funded over $100 million, is well-positioned to drive significant impact and growth in the AI sector. For more information, please visit labelbox.com.
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